By July 1, stores in France will have to put warnings in front of all products that have been reduced in size without a corresponding price cut, in a bid to combat shrinkflation.

“The practice of shrinkflation is a scam,” France’s finance minister said. nyti.ms/3Jq8vR6

Our digital lives are cluttered with bogus text messages, spam calls and phishing attempts. The internet is moving too fast for regulators to keep up. Welcome to Scam World. You can try to block and unsubscribe your way out of it, but you may not succeed. nyti.ms/3QgUlFJ

Why does it feel like consumer tech is only getting worse with each passing day? Charlie Warzel on the era of user hostility: theatlantic.com/technology/arc…

How dare reddit allow anger to be fueled against companies

This is fascinating and infuriating. New workarounds on advertising disclosures documented in Bon Appétit.

Usually when an op-ed like this pops up, it is a *key indicator* that regulators are making the right calls. 💅

'Despite the occasional outcry, the era of the single price is rapidly fading into the past. In many ways, it’s already gone,' Chris Beam writes: theatlantic.com/ideas/archive/…

New freakanomics chapter just dropped. Why Walmart is just like your drug dealer. The economics of scaleflation.

some NeWs: Instagram is testing AI chatbots with influencers that would let creators entirely automate their responses to fans via DMs and eventually comments

the bots would be trained on an influencers DM conversations

by Sapna Maheshwari and me

nytimes.com/2024/04/15/tec…

I'm writing an article shedding light on Canada’s antiquated banking transfer system, which shockingly is still done by hand, and its impact on everyday people. I want to put a human touch on it... 1/3

Nachdem sich die Welt durch digitale Technologien grundlegend verändert hat, versuchen Regierungen weltweit Wege zu finden mit »Big Tech« umzugehen. Im Podcast sprechen wir mit Matt Hatfield, Vass Bednar und Paula Simons über den kanadischen Weg.

Jetzt anhören ⤵️

boell.de/de/media/podca…

📻 The trailer for the new The Globe and Mail podcast I'm hosting got a 1-star review 😂. Whoever did that - thank you! Perfect for our 1st episode looking at the failed promise of the feedback economy with Prof. Joseph Reagle @[email protected]. Look fwd to your thoughts (for real). theglobeandmail.com/podcasts/latel…

For Walmart and other players in the grocery-store industry 'the pandemic was a boon,' Eric Schlosser writes. Although supply-chain issues have been resolved, profits keep climbing.

What happens to consumers, he asks, when these companies go unchecked? theatlantic.com/ideas/archive/…

'Algorithms have become market gatekeepers and value allocators, and are now becoming producers and arbiters of knowledge.' In our article Tim O'Reilly Ilan Strauss Rufus and I argue for a closer look at the economic power of AI in The Conversation ⬇️ theconversation.com/to-understand-…

Incredible charts in today's Financial Times about concentration of capital markets. Markets are at a 58 year high in concentration from the US-based 'Magnificent Seven' tech stocks (Microsoft, Apple, Meta, Amazon, Alphabet, Nvidia, Tesla).
ft.com/content/9a0bc6…

Vass Bednar Also see this on TJ’s dubious practices: tastecooking.com/we-need-to-tal…